Living Expenses

Discussion in 'Prop Firms' started by jpomerenke, Jul 24, 2002.

  1. So true Goldenarm!

    You should consider a few others factors (not yet mentioned) in your decision to live/or not live with your parents.

    What type of relationship do you have with your parents?

    Are they emotionally supportive of your decision to become a trader or do they think you should get a "real job"?

    Do they expect you to be successful or are they skeptical?

    I am a firm believer in the theory that....You will live up to the expectations of the people you surround yourself with.

    Please listen carefully.....

    Trading is emotionally draining
    Your sucess will depend largely on your mental state and your abilty to get in the "zone".
    You need to have as much confidence, emotional stability, rest, and financial peace of mind possible.

    Therefore, whatever living situation will put you in the best possible emotional and financial state is the one that you should choose.

    If your parents are a couple of "doubting thomases" its probably not a good idea to live with them, while trading.

    I also think that rather than trying to moonlight, you should save up enough before so you are not forced to work 2 jobs. TRADING should be your only focus!
    #31     Jul 26, 2002
  2. oliver


    #32     Jul 29, 2002
  3. Hey what solution did you come to?

    #33     Aug 29, 2002